Zhejiang Yingfeng Technology Co., Ltd.

SHSE:605055 Stock Report

Market Cap: CN¥2.6b

Zhejiang Yingfeng Technology Balance Sheet Health

Financial Health criteria checks 2/6

Zhejiang Yingfeng Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥776.0M, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.3B respectively. Zhejiang Yingfeng Technology's EBIT is CN¥45.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥277.6M.

Key information

67.4%

Debt to equity ratio

CN¥776.00m

Debt

Interest coverage ratio2.3x
CashCN¥277.63m
EquityCN¥1.15b
Total liabilitiesCN¥1.35b
Total assetsCN¥2.50b

Recent financial health updates

No updates

Recent updates

Investors Appear Satisfied With Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Prospects

Dec 11
Investors Appear Satisfied With Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Prospects

Investors Could Be Concerned With Zhejiang Yingfeng Technology's (SHSE:605055) Returns On Capital

Oct 03
Investors Could Be Concerned With Zhejiang Yingfeng Technology's (SHSE:605055) Returns On Capital

Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) Doing What It Can To Lift Shares

Jun 06
Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) Doing What It Can To Lift Shares

The Strong Earnings Posted By Zhejiang Yingfeng Technology (SHSE:605055) Are A Good Indication Of The Strength Of The Business

May 01
The Strong Earnings Posted By Zhejiang Yingfeng Technology (SHSE:605055) Are A Good Indication Of The Strength Of The Business

Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Shares Not Telling The Full Story

Mar 05
Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Shares Not Telling The Full Story

Financial Position Analysis

Short Term Liabilities: 605055's short term assets (CN¥494.2M) do not cover its short term liabilities (CN¥1.2B).

Long Term Liabilities: 605055's short term assets (CN¥494.2M) exceed its long term liabilities (CN¥114.1M).


Debt to Equity History and Analysis

Debt Level: 605055's net debt to equity ratio (43.3%) is considered high.

Reducing Debt: 605055's debt to equity ratio has increased from 39.4% to 67.4% over the past 5 years.

Debt Coverage: 605055's debt is well covered by operating cash flow (47.5%).

Interest Coverage: 605055's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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